Hello and welcome on my blog about investing.
In all my years I’ve seen good and bad opportunities. I’m always on the look for new opportunities and if they suit my criteria I test it.
Currenctly I’m using software that I’m able to use on a personal account on my name.
I'm going to share the results thoughts I have but also some inspirational quotes that stuck by me during my journey. If you want more info contact me at Jesse.Muller75@gmail.com

Tuesday, 7 July 2015

Don't let emotions get in the way of investment decisions

I've never heard a successful investment story began with,"I've earned 100K investing with my gut instead of my head."
Emotional investment can deliver you big returns, but it can also completely wipe out your entire portfolio.
I've made these mistakes myself, I thought I had a great strategy, won a few trades, but then lost big because I didn't use a stop loss.
At that point I withdrew myself out of the market, and started
thinking what would help me to build my portfolio on a more stable way
then the emotional roller coaster I was in.
The only thing that always beats emotions is rational thinking, but to achieve this I had to shut down every emotion.

The biggest trap is emotional investing, where the short-term
emotions of a market surge or collapse causes you to do something
contrary to your long-term investment strategy. In short, what might
appear to be great or cautious investment, behaviour might
actually be irrational euphoria (greed) or even fear.

Actually, the best investors have a well-thought-out, disciplined
investment process and only succeed when sticking to, and making
decisions based on, their process.

After searching a while I finally found the software that would be an ideal fit to me,
At the moment I consider this software as my investment manager, that allows me to be on a market with a higher potential for profits and something that makes me rational instead of emotional!